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>You do realize that Zuck has pledged away 99% of his wealth? Please stop spreading PR. He put the money into a limited-liability corporation, and spread a bun
by omegaworks 9y ago
>You do realize that Zuck has pledged away 99% of his wealth?
Please stop spreading PR. He put the money into a limited-liability corporation, and spread a bunch of articles about a "pledge." It's nothing more then a tax-sheltered investment vehicle.[1] This is not the same as putting it into a charitable trust. He can use the money to influence whoever he decides to give it to.
1. http://fortune.com/2015/12/02/zuckerberg-charity/ http://fortune.com/2015/12/02/zuckerberg-charity/
"Corporations can make for-profit investments and political donations—and unlike charitable trusts, they don’t have to report their political donations."